Second Mortgage Strategies


This course examines second mortgages in British Columbia. Most all mortgage brokers at some time arrange second mortgages. What risk does the borrower run that registering a second mortgage will entitle the first mortgage lender to call its mortgage due? What can the second mortgage lender do to protect priority from further advances made under the first mortgage? What can the first mortgage lender do to protect its priority position from the second? What can a mortgage broker do to be better protected from claims of not having given competent advice? Learn to better protect yourself and your client.


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Duration: 35 minutes

Level: Intermediate

Price: $49.00